We investigate how previous generations of migrants and their children integrated into Austrian society, as measured by their wealth ownership. Using individual-level data from the Household Finance and Consumption Survey (HFCS), we document (1) a positive average migrant wealth gap between...

Africa is one of the continents with the least inclusive finance. However, with increasing use of mobile phones for financial services or financial technology (Fintech), there are improved opportunities to 'bank the unbanked". Also, there is a significant increase in both the presence of foreign...

Unconditional quantile regressions, as introduced by Firpo, Fortin, and Lemieux (2009), are a special case of Recentered Influence Functions (RIF) Regressions that can be used to relate how small changes in the distributions of explanatory variables affect an unconditional statistic of interest....